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Nov 23, 2012
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the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >> an eye for an eye, taliban style tops world headlines tonight. a suicide bomber detonated a truck full of explosives today in eastern afghanistan. three afghan civilians were killed and mo
the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the...
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Nov 26, 2012
11/12
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that most economists say would hurt the economy if we were to do it. >> the republicans are being confronted in the fiscal cliff negotiations about the no new taxes pledge, which of them signed. now lawmakers are pushing back. >> # $16 trillion in debt the only pledge we should make to each other is to avoid becoming brief. republicans should put revenue on the table. he agrees with grover norquist that the tax rates shouldn't be increased and says norquist is wrong capping deductions to buy down the debt. >> graham has been saying raising taxes to give politicians more money to continue spending doesn't solve any problem at all. it's not a piece of solving the problem. >> allowing tax cuts to expire generate average of $82.4 billion a year and would run the government for 8.5 days. the reality is similar to what romney laid out in the campaign. my plan is bring down rates and deductions at the same time so revenue stays in. we bring down rates to get people working. >> they are meeting with ceos, caterpillar and goldman sachs and other key players on the fiscal issues. erskine bowles, coaut
that most economists say would hurt the economy if we were to do it. >> the republicans are being confronted in the fiscal cliff negotiations about the no new taxes pledge, which of them signed. now lawmakers are pushing back. >> # $16 trillion in debt the only pledge we should make to each other is to avoid becoming brief. republicans should put revenue on the table. he agrees with grover norquist that the tax rates shouldn't be increased and says norquist is wrong capping...
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Nov 21, 2012
11/12
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he says a compromise would prevent sudden and severe shock to our economy. if the two sides do not reach a deal, we know exactly what's going to happen. after new year's day, tax cuts expire for everybody. and deep automatic spending cuts take effect. economists say that could send us right into another recession. mike emmanuel live on capitol hill. hello, mike. >> shep, congressional sources say talks have been business like and productive and almost everybody realizes they're going to have to give a little to get this done. several senators mentioned entitlement reform when i asked about where to cut. >> reform doesn't mean you throw these programs out. you run them more efficiently. you look at the fraud or waste and abuse that's been identified and then you come into the revenue picture. you know. people will call me and say, we need to trim this program. good with me, but the problem is it doesn't generate the difference that you need to make here. >> nebraska senators calling for going big, tax reform and entitlement reform since those are huge lifts f
he says a compromise would prevent sudden and severe shock to our economy. if the two sides do not reach a deal, we know exactly what's going to happen. after new year's day, tax cuts expire for everybody. and deep automatic spending cuts take effect. economists say that could send us right into another recession. mike emmanuel live on capitol hill. hello, mike. >> shep, congressional sources say talks have been business like and productive and almost everybody realizes they're going to...
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Nov 24, 2012
11/12
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economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling a lot more confident this year. now if you are looking for a segment to grow even faster than 4 hers projection try online already. ibm research signature it was up 17% on thanksgiving day. 20% already for this holiday shopping season, john? >> it turns out some of those black friday deals are not all they are cracked up to be. >> some of them, according to decide incorporated which part nerd up with a news corps fellow organization the "wall street journal" they took a look at some of these bargains and came to the same conclusion that shoppers came to that they are really deal
economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling...
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Nov 27, 2012
11/12
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that does help the economy. 70% of this economy, shep. >> shepard: every year at this time the matter of sales taxes not being paid in some states comes up. every year at this time some big business owners say they are trying to change that. >> actually, it's a lot of small business owners. in fact the alliance for main street businesses really trying to fight what they sees a an unfair advantage by large online companies luring away those shoppers. if i live in california and i shop in massachusetts, a store there, i don't pay sales tax. but if that business is in california, i do. they say that it's unfair to small businesses across this country and many republic governors, believe it or not, are actually lobbying to have the online sales tax laws changed so that everybody pays tax online across the country. big revenue. >> shepard: cheryl casone fox business. thank you. some of the online bargains may be too good to be true. today the federal government and online law enforcement agencies proved it shut down more than 100 web sites selling counterfeit web sites. some set up web sit
that does help the economy. 70% of this economy, shep. >> shepard: every year at this time the matter of sales taxes not being paid in some states comes up. every year at this time some big business owners say they are trying to change that. >> actually, it's a lot of small business owners. in fact the alliance for main street businesses really trying to fight what they sees a an unfair advantage by large online companies luring away those shoppers. if i live in california and i...
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Nov 22, 2012
11/12
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i mean, there is a kind of psychology do this economy. if people are feeling gloomy and afraid, they're not going to go out and spend. so the fact that people are feeling -- by the way, i don't want to overemphasize this because, you know, these numbers on consumer confidence, as you know, they bump up and down. but i think right now people just feeling a little bit better. but it does go back to that issue of the fiscal cliff. you notice what's happened on the stock market. every time it looks like they're going to get around this problem, the stock market booms. every time the negotiations stall, the stock market loses value. so everybody's going to be paying very close attention to this. rick: how optimistic are you, steve, on the chances of a deal on the fiscal cliff, and if there is a deal, what could that mean for the economy as a whole? >> well, you know, i think at the optimal outcome is not to raise taxes on anybody. i do think that if the president has his way and those taxes go up on investors and businesses, it's hard to see w
i mean, there is a kind of psychology do this economy. if people are feeling gloomy and afraid, they're not going to go out and spend. so the fact that people are feeling -- by the way, i don't want to overemphasize this because, you know, these numbers on consumer confidence, as you know, they bump up and down. but i think right now people just feeling a little bit better. but it does go back to that issue of the fiscal cliff. you notice what's happened on the stock market. every time it looks...
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Nov 22, 2012
11/12
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economy from falling off the fiscal cliff coming up next. one gop senator's proposal to rein in all of that spending and the likelihood of congress actually adopting his plan. ainsley: plus, a thanksgiving parade is underway in new york. we will have more on the sights and sounds straight ahead. going down sixth avenue. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. gregg: well, thanksgiving is certainly a time to count our blessings and to help those less fortunate. but in the future tax changes could hurt those who do the most to help people in real need. jim angle joins us now live in washington. jim, you've been looking into this. what are charities really worried about ear? >> reporter: well, gregg, both the president's plan to raise taxes on the wealthy and the republican willingness to raise revenues
economy from falling off the fiscal cliff coming up next. one gop senator's proposal to rein in all of that spending and the likelihood of congress actually adopting his plan. ainsley: plus, a thanksgiving parade is underway in new york. we will have more on the sights and sounds straight ahead. going down sixth avenue. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade...
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Nov 22, 2012
11/12
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highestverage star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ [ male
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members...
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Nov 22, 2012
11/12
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money yocan still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah lou: the chief economist of moody's capital markets will be with me in a moment, before we go to john lonski we look at tonight's money like, stocks closing at a two-week high before this thanksgiving day. the dow up 48 points, s&p
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what...
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Nov 24, 2012
11/12
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fiscal cliff it only impact certain americans with taxes increasing and it will affect our country and economy. and we need face-to-face meetings and i don't think that obamacare should be on the table. >> you do not think that obamacare should be on the table. >> no. >> i don't think that obamacare should be on the table. it's the number one priority for the lawmakers right now whether you're a democrat or a republican, this should be priority number one, it's when john boehner had the new freshman tea partiers come in in 2010 and facing the debt ceiling, he characterized the first adult moment for the new freshmen congressmen and i think this is the second adult moment. can we get beyond party politics and rigid ideology and come with a compromise that will benefit the american people? we need both to look seriously at spending cuts and revenue generation for the country right now. >> all right, so let's-- >> and let's put a couple of ideas on the table and angela, i'm surprised you would say obamacare should not be on the block, and what do you think should be on the block? what kind of-- i
fiscal cliff it only impact certain americans with taxes increasing and it will affect our country and economy. and we need face-to-face meetings and i don't think that obamacare should be on the table. >> you do not think that obamacare should be on the table. >> no. >> i don't think that obamacare should be on the table. it's the number one priority for the lawmakers right now whether you're a democrat or a republican, this should be priority number one, it's when john...
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Nov 21, 2012
11/12
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probably not the best thing for the economy but if you look at the workers they have valid complaints against walmart. i'm not a big fan of walmart in the way they have treated their employees. i really don't understand how the national labor relations board have a right to tell people they can't picket. you as a libertarian would be offended by that. >> i don't think governments should have anything to do with unions and vice versa? >> they have retaliation of people that have brought up issues having regular work schedules. >> how many people are being forced to work at walmart? i've had a job before and i've been fired. you don't have to work somewhere if you don't like it? >> they are allowed to protest. it's like a hospital. somebody can't buy their snuggie. >> people want to quit if they don't like it. not about walmar. this is about the labor unions trying to tap in, the democratic party trying to tap in one of the great untapped sources of wealth which is walmart employees? >> absolutely. remember. walmart has been a target of the left for so many years right now. they have ha
probably not the best thing for the economy but if you look at the workers they have valid complaints against walmart. i'm not a big fan of walmart in the way they have treated their employees. i really don't understand how the national labor relations board have a right to tell people they can't picket. you as a libertarian would be offended by that. >> i don't think governments should have anything to do with unions and vice versa? >> they have retaliation of people that have...
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Nov 27, 2012
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it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for being responsibility. accountability is accountability. >> charges i'm not blaming the retailers per se. i'm saying personal responsibility. it's about the people's behavior. but i think retailers for their own protection need to send out more of a zero tolerance policy. can't blame it on a bad economy. >> sean: there's a cultural phenomenon that whatever the it thing is -- i mentioned over the years, cabbage cats, tickle me elmo, sneakers, whatever it is, people have to have it that second. >> right. >> sean: why? >> right. well, it's obviously part
it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for...
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Nov 23, 2012
11/12
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americans are out of the work our national debt exceeds the size of the economy and threatens our children's future. as a mother of young children this is a condition stant worry as is the cost of the gas and. and yet today we will pray for those less fortunate and we'll think of servicemembers away from home and give thanks for them and their families. and our hearts will go out to the families still without power after hurricane sandy and wilelook ahead to the holidays and new year and that same service of optimism that brings us together today should inspire us all year round and why here in washington dc republicans reached out to president obama in the hope to help our economy grow and solve the debt that threatens our children's future. >> if a deal is not reached on the fiscal cliff tax cuts will expire on january 1st. back to black friday. unfortunately fights already breaking out. this was the scene in indianapolis a few hours ago. police were called in to break up fights. shoppers waited in line to receive vouchers for plasma tvs and learned that some of the people were selling vou
americans are out of the work our national debt exceeds the size of the economy and threatens our children's future. as a mother of young children this is a condition stant worry as is the cost of the gas and. and yet today we will pray for those less fortunate and we'll think of servicemembers away from home and give thanks for them and their families. and our hearts will go out to the families still without power after hurricane sandy and wilelook ahead to the holidays and new year and that...
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Nov 24, 2012
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and so when it goes live in the fall of 2013 it will crush the economy. side track the worst parts now rather than waiting until it smashes the economy. >> there is it a lot of talk republicans caving in to pressure on the tax hikings. gop has to hold firm until intitlements are cut. do you think that will happen? >> i think the republicans should tell the president you have been in office four years and you won reelection and you put specifics on the table and how you will feeldeal with the issues. why are the republicans always suppose tod do concessions in advance instead of the white house being a forth coming and true negotiation. republicans should call him on that and if he is notwilling to do what republicans should do. we'll suffer the consequences. but you must put something realistic on the table instead of the junk so i hate to use such a strong word. but idea of massive tax increases in the upper income lemps when it is it still shaky. rescission in europe and jap japan in recession. it just unimaginable that they self inflict the harm on the
and so when it goes live in the fall of 2013 it will crush the economy. side track the worst parts now rather than waiting until it smashes the economy. >> there is it a lot of talk republicans caving in to pressure on the tax hikings. gop has to hold firm until intitlements are cut. do you think that will happen? >> i think the republicans should tell the president you have been in office four years and you won reelection and you put specifics on the table and how you will feeldeal...
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Nov 24, 2012
11/12
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the survey-- i'm happy to hear people are more positive and i want the economy to recover. the question really is, what has changed since the election? because we still have very high unemployment and you know, today, it was announced that 80 new regulations were put in place by the obama administration and when these people hear new regulations what that means is a slowdown. every time you hear regulations that means you have to hire lawyers and consultants and the question, what is making this economy better and quite frankly, arthel, i think it has to do with the idea there hasn't been a major negative jolt to the economy and that's why people are feeling better. >> arthel: and in the survey you're talking about analysis for bloomberg associated the associated press and consumer according to that analysis, hey, we're optimistic the economy is going to improve in the next 12 months, but you say, ed, that the folks who get it are concerned about the future of this country. so, what are those guys on the other side, who are wearing the rose colored glasses, what is it that
the survey-- i'm happy to hear people are more positive and i want the economy to recover. the question really is, what has changed since the election? because we still have very high unemployment and you know, today, it was announced that 80 new regulations were put in place by the obama administration and when these people hear new regulations what that means is a slowdown. every time you hear regulations that means you have to hire lawyers and consultants and the question, what is making...
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Nov 28, 2012
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and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two members whose birthdays are either today or tomorrow, rich, happy birthday to you, rich. that is tale today. and janet napolitano's birthday is tomorrow. guys, thank you. we want to get back to work. thank you, guys. could not be prouder of the job that susan rice has done. >>shepard: very rare for the president to take a question and actually answer it at the end of one of those. you heard him say in the past it would be a precedent to answer a question now because that would make people scream at me all the time with questions. he must have used this question as
and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two...
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Nov 23, 2012
11/12
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it is a tough economy. they are trying to get ahead of each other. they want the extra market share. that is why we see shopping creep. it is not black friday anymore now it is black thursday. if the retailers can boost the sales by 1 percent over the holiday season that can make a difference between a good or lousy year. they are trying to lure the shoppers. the deals are not always that much better than online or another time of the year. >>gregg: thank you, rick. a deadly shooting testing the cease-fire between israel and hamas and now a new wrinkle, the latest from the middle east and how turmoil in egypt could shake things up. you think the black friday sales are good deals? think again. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the pr
it is a tough economy. they are trying to get ahead of each other. they want the extra market share. that is why we see shopping creep. it is not black friday anymore now it is black thursday. if the retailers can boost the sales by 1 percent over the holiday season that can make a difference between a good or lousy year. they are trying to lure the shoppers. the deals are not always that much better than online or another time of the year. >>gregg: thank you, rick. a deadly shooting...
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Nov 21, 2012
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so lock at that and think twice what they are doing and be thankful you have a job in the economy. >>eric: thank you for joining us today. forget the union threat, is the fiscal cliff a threat? doing a number on holiday shoppers? sandra, people are not shopping because they worried about the fiscal cliff, is this true? >>guest: they say they will change their habits. even if there is a deal goldman sachs saying consumers will be impacted but it is the thought of the so-called fiscal cliff that has consumers spooked. a study says half of u.s. adults say the impending cliff will impact their holiday shopping plans in some sort of way, and 18 percent of respondents say the fiscal cliff will have a large impact on their overall holiday spending this year. now, that being said, the sacrifices consumers will make over the holidays go far beyond the mall, we are talking about the sluggish economy, having an impact on other sacrifices that americans are making, their vacations, they have relied on relatives for air fare to get home and scoured the remember for travel deals to ensure they c
so lock at that and think twice what they are doing and be thankful you have a job in the economy. >>eric: thank you for joining us today. forget the union threat, is the fiscal cliff a threat? doing a number on holiday shoppers? sandra, people are not shopping because they worried about the fiscal cliff, is this true? >>guest: they say they will change their habits. even if there is a deal goldman sachs saying consumers will be impacted but it is the thought of the so-called fiscal...
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Nov 21, 2012
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economy. which is flat out false. in 1992 the black unemployment rate was 14.3%. in 2012, this year, the black unemployment rate is 14.3%. exactly the same. in hispanic precinct, the situation similar. this is about a dramatic change that is overwhelming the united states of america. not economic ma lace. when you have more than 100 million americans living in a home receiving stuff from the government, again, outside of medicare and social security, we're not counting that -- then you have a large dependence on the federal government. and what does that do? well, it saps motivation. why bust your tail when the feds will give you enough to get by? america became great because of individual self reliance, hard working people took chances, suffered, created things that helped the country. every day americans empowered this nation. not the federal and state governments. they're in place to protect us and to see that social order is kept. not to provide cradle to grave security. the founding fathe
economy. which is flat out false. in 1992 the black unemployment rate was 14.3%. in 2012, this year, the black unemployment rate is 14.3%. exactly the same. in hispanic precinct, the situation similar. this is about a dramatic change that is overwhelming the united states of america. not economic ma lace. when you have more than 100 million americans living in a home receiving stuff from the government, again, outside of medicare and social security, we're not counting that -- then you have a...
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Nov 26, 2012
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we're trying to help the economy. unless i'm convinced raising tax rates will be beneficial, obviously i think there's reason and grounds for my position. i also believe that we can and must get an agreement, otherwise i think first of all the markets are going to start reacting. >> chris: we'll talk about that in the next segment. finally the g.o.p. republicans had a rough night on election night. let's look at the breakdown of the numbers. you lost unmarried women by 36 points. hispanics by 44 points. young people by 23 points. does your party need to change, especially in its outreach to those groups on social issues like same-sex marriage and immigration reform? >> we have to have a bigger tent. no doubt about it. obviously we have to do immigration reform. there's no doubt whatsoever that the demographics are not on our side and we have to give a much more positive agenda. it can't be just being against the democrats and against harry reid and against obama. you have to be for things. we have to give them the con
we're trying to help the economy. unless i'm convinced raising tax rates will be beneficial, obviously i think there's reason and grounds for my position. i also believe that we can and must get an agreement, otherwise i think first of all the markets are going to start reacting. >> chris: we'll talk about that in the next segment. finally the g.o.p. republicans had a rough night on election night. let's look at the breakdown of the numbers. you lost unmarried women by 36 points....
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Nov 22, 2012
11/12
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>. >> bill: remember the cuban missile crisis, 9/11, katrina, those were events that felt like the world were coming. there are people that are worried about other kinds of doomsdays and they plan on surviving. >> it looks like in has been another series of attacks, cyber attacks on united states banks. >> bill: recent cyber attacks could have doomsday style consequences. that has our government concerned. >> attackers could also seek to disable or degrade critical military systems and communication networks. collective result of these kinds of attacks could be a cyber pearl harbor. >> we have an insane regime in iran run by people who are psychotic who may get the nuclear weaponry to act on their insane thoughts. that means we could have a nuclear holocaust. >> what we depict on our show they have a variety they are concerned about. everything from tsunami to a nuclear blast. >> a koe executive producer of doomsday preppers. >> there are three touch stones. first touch stone is
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>. >> bill: remember the cuban missile crisis, 9/11, katrina, those were events that felt like the world were coming. there are people that are worried about other kinds of doomsdays and they plan on surviving. >> it looks like in has been another series of attacks, cyber attacks on united states banks. >> bill: recent cyber attacks could have doomsday style...
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chinese should without the chinese support, the economy of north korea could collapse. just as china is playing a role in the un in regards to syria. >> when i think about north korea i think about a particularly in the context of nuclear proliferation. and if you look at one of the greatest threats the nation faces, the president faces it's that threat. how are we going to enjoy -- ensure we're doing everything to protect ourselves against nuclear weapons? >> take the north korean situation. chinese would persuade north koreans not to go you'll out and build a large arsenal. we have to tell them if north korea continues to build or test nuclear weapons, we will take off from south korea the pro hibation we have of south korea buildings and in which case i don't think chinese would like it much. i think unless you're willing to make statements to these folks you don't get much cooperation. china looks upon north korea rightly. they would be unhappy if the north korea regime were overthrown they see capitolist democracy, marching right up to their border right on the bor
chinese should without the chinese support, the economy of north korea could collapse. just as china is playing a role in the un in regards to syria. >> when i think about north korea i think about a particularly in the context of nuclear proliferation. and if you look at one of the greatest threats the nation faces, the president faces it's that threat. how are we going to enjoy -- ensure we're doing everything to protect ourselves against nuclear weapons? >> take the north korean...
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the fed blames the weak economy along with an increase along with the cost in postage. a lot more people doing their shopping online. an eerie piece on the israel gaza border after days of deadly fire there. tonight we are finding out what role the white house played behind the scenes and whether u.s. officials think this peace can last. plus, new video just coming in from a holiday tragedy. dozens of dozens of people injured. others killed in a massive highway pileup. the new details next. r you. no, after you. oh, after you. no, after you. [ male announcer ] black friday will never be thsame. with our 1-hour in stock arantee, get here between 10 and 11, and you're guaranteed to get these electronic gifts in time for christmas. the first and only place to go on black friday. walmart. e. >> greg: at least two people are now dead, dozens injured after a massive highway pileup in texas. it happened this morning. heavy fog interstate 10 near beaumont east of houston. authorities say there were more than 100 vehicles in the wreck. the fog reportedly so thick that emergency
the fed blames the weak economy along with an increase along with the cost in postage. a lot more people doing their shopping online. an eerie piece on the israel gaza border after days of deadly fire there. tonight we are finding out what role the white house played behind the scenes and whether u.s. officials think this peace can last. plus, new video just coming in from a holiday tragedy. dozens of dozens of people injured. others killed in a massive highway pileup. the new details next. r...
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the chinese without the chinese support the economy of north korea would collapse. just as china is playing a role in the u.n. regards to syria, which is also harmful with russia. >> when i think about north korea, i think about it in the context of nuclear proliferation if you look at one of the greatest challenges and threats this president faces it is that threat of nuclear proliferation. how are we going to sure we are doing everything possible to protect ourselves against terrorists armed with a nuclear with weapon. >> the chinese are the ones who would persuade the north koreans not to go all out building a large arsenal. with china we have to tell them, if north korea continues to build or at the time nuclear weapons, we will takeoff from south korea, the prohibition we have of south korea building is up a weapon or maybe of japan such a weapon in which case i don't think the chinese would like it much. i think unless you are willing to make these kinds of statements to these folks you don't get much cooperation. china looks on north korea as its buffer state
the chinese without the chinese support the economy of north korea would collapse. just as china is playing a role in the u.n. regards to syria, which is also harmful with russia. >> when i think about north korea, i think about it in the context of nuclear proliferation if you look at one of the greatest challenges and threats this president faces it is that threat of nuclear proliferation. how are we going to sure we are doing everything possible to protect ourselves against terrorists...
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chinese should without the chinese support, the economy of north korea could collapse. just as china is playing a role in the un in regards to syria. >> when i think about north korea i think about a particularly in the context of nuclear proliferation. and if you look at one of the greatest threats the nation faces, the president faces it's that threat. how are we going to enjoy -- ensure we're doing everything to protect ourselves against nuclear weapons? >> take the north korean situation. chinese would persuade north koreans not to go you'll out and build a large arsenal. we have to tell them if north korea continues to build or test nuclear weapons, we will take off from south korea the pro hibation we have of south korea buildings and in which case i don't think chinese would like it much. i think unless you're willing to make statements to these folks you don't get much cooperation. china looks upon north korea rightly. they would be unhappy if the north korea regime were overthrown they see capitolist democracy, marching right up to their border right on the bor
chinese should without the chinese support, the economy of north korea could collapse. just as china is playing a role in the un in regards to syria. >> when i think about north korea i think about a particularly in the context of nuclear proliferation. and if you look at one of the greatest threats the nation faces, the president faces it's that threat. how are we going to enjoy -- ensure we're doing everything to protect ourselves against nuclear weapons? >> take the north korean...
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retailers battered by bad economy eeg tear reel them in. steve brown is amidst the crowds in chicago. it doesn't look too bad. >> reporter: let me show what we have got in this one spore temperature this is a kohl's store. it's a midwest chain about it many a substantial entity of its own. it helps consumers stretch a dollar. >> the momentum started off strong and we feel about what's happening right now, it continued throughout the day. there were 500 people this morning so it was exciting to see. >> reporter: how big an indicator is that for your holiday season how well you do today? >>' a great indicator it shows the consumer is looking and liking what we have to offer so we feel great about what this means for the future. >> reporter: do you need to hope this gives you momentum as far as your retail sales the rest of the holiday period? >> it's proven to be the best day of the year and it's an indicator of things to come. >> reporter: you have what's called kohl's cash which helps stretch people's purchasing power. >> for every $50 you
retailers battered by bad economy eeg tear reel them in. steve brown is amidst the crowds in chicago. it doesn't look too bad. >> reporter: let me show what we have got in this one spore temperature this is a kohl's store. it's a midwest chain about it many a substantial entity of its own. it helps consumers stretch a dollar. >> the momentum started off strong and we feel about what's happening right now, it continued throughout the day. there were 500 people this morning so it was...
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the table, the president's health care law coming from folks saying it's such a huge driver of the economy if fully implemented it has to be up for negotiation. house speaker john boehner wrote an op-ed. the president's health care law, massive expensive unworkable at a time when the national debt sees the size of our economy, and we can't afford it and we can't afford to leave it intact and clear that the law has stay on the table as both parties discuss ways to solve our nagsal debt challenge. where is it going. >> nowhere, he's right about everything he writes about, but it's a disaster, no way it's going to be stopped. it was an issue that the country decided this election, obama staked a claim and he won. the supreme court was the only other way it was going to be stopped. it wasn't stopped, it's not going to be stopped now. and the idea that to oversight committees in the house could stop this is absurd. look, i think it's right. it's going to be disastrous and should be cut back or dismantled, but elections have consequences and this is one. so, i think it's not on the table and rep
the table, the president's health care law coming from folks saying it's such a huge driver of the economy if fully implemented it has to be up for negotiation. house speaker john boehner wrote an op-ed. the president's health care law, massive expensive unworkable at a time when the national debt sees the size of our economy, and we can't afford it and we can't afford to leave it intact and clear that the law has stay on the table as both parties discuss ways to solve our nagsal debt...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ ♪♪ you can help othersnk along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >> sean: it appears the so-called journalists over at nbc news can't help themselves when it comes to attacking republicans. when they can't find legitimate things to criticize
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ ♪♪ you can help othersnk along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >> sean: it appears the so-called journalists over at nbc news can't help themselves when it comes to attacking republicans. when they can't find legitimate things to criticize, they play the race card. this material is from the past two days. here's one example. watch this. >> i think the republicans kind of view themselves as a kind of ruling class that are entitled by the virtue of their success, by the power of money, to buy anything that they should be able to continue to buy these elections. >> rick, what do you believe about the north star they go by, that they believe it's a center right country, the old founding fathers' notion that white men of property rule the country, and that's their notion of equality. the notion that the free men of this country are the white men of property. that's really what romney ran on, white men of property. he didn't say it, put it into words. >> sean: joining me to react to this nonsen
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >> sean: it appears the so-called journalists over at nbc news can't help themselves when it comes to attacking republicans. when they can't find legitimate things to criticize, they play the race card. this material is from the past two days. here's one example. watch this. >> i think the republicans kind of view themselves as a kind of ruling class that are...
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the economy grew at 2.7% in the third quarter better than the figure announced. the dow was up 37. the s&p 500 gained six. nasdaq finished ahead 20. syrian rebels struck a major blow in the heart of the government today killing a top ruling of the party in a car bombing and someone is cutting off internet and cell phone communication in syria in certain areas. both sides pointing fingers at the others. all of this as decision-maker in washington try to make a decision on how involved the u.s. should be. we get the latest tonight from correspondent connor powell in jerusalem. hello, connor. >> forces loyal to bashar assad show a city of aleppo while rebels filed mortars at the damascus international airport causing damage to the runway to force several airlines to cancel their flight. >> the assad regime air superior over the syrian rebels appears to be disappea disappearing. in the past 24 hours they shut down two helicopters. rebels used the antiaircraft guns to shoot down the helicopters in the past. but now they have access to more shoulder-to-air missiles. >> we have shut down
the economy grew at 2.7% in the third quarter better than the figure announced. the dow was up 37. the s&p 500 gained six. nasdaq finished ahead 20. syrian rebels struck a major blow in the heart of the government today killing a top ruling of the party in a car bombing and someone is cutting off internet and cell phone communication in syria in certain areas. both sides pointing fingers at the others. all of this as decision-maker in washington try to make a decision on how involved the...
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about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote on the palestinians, a nonmember observer state. we expect to hear from palestinian authority president mahmoud abbas within the next hour. that vote coming after he turned president obama down flat. the u.s. does not want this vote. the palestinians made a move for it last year in the security council where we have a veto. there is no u.s. veto in the 193-member general assembly where it is expected to pass overwhelmingly later this afternoon. last year the pal
about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's...
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what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most places and with the holidays coming up. it said that the outlook for retail sales was mostly upbeat. shep? >> shepard: what's with the sirens? is the place on fire? >> no. there is escort going out here from the white house. >> you don't have much clout there. >> the vice president apparently is leaving. >> shepard: he might as well. what will the fed do with today's report? it has a meeting in a couple of weeks, you know. >> this was okay report. more importantly it was not strong enough for the fed to back off stimulus programs keeping intere
what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most...
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management we find the best, sweetest crafor red lobster that we can find. [ male annncer ] it's time for crabfest at red lobster! this year, try 1 of 5 entrees. like our new snow crab and garlic shrimp. a half-pound of tender crab paired with savory shrimp. just 12.99. or dig into our hearty crab and roasted garlic seafood bake. all with salad and unlimited cheddar bay biscuits. so much to choose from, so little time. so ce into red lobster for crabfest today and sea food differently. >>. >> bill: our team has covered the countdown to doomsday in mexico, in israel and here in new york. but one of oldest structures they have found outside of london, england, to the rising sun in the english countr
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management we find the best, sweetest crafor red lobster that we can find. [ male annncer ] it's time for...
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, and, you know, that will help revive the economy and reduce the deficit and so on. that is something on which democrats and republicans agree. the question is, how do you do that? >> well the difference here is the left thinks that more government spending, so-called investments in infrastructure and e and and ed indication will stimulate the economy and give us growth. it has not worked in the past. republican -ts think you stimulate private enterprise, you create more confidence in the future of the economy, you liberate the money in private enterprise hands, that's how you get growth. there is a fundamental disagreement here about how you get growth. in the past the way we've got even growth in america is to liberate private enterprise, let the private sector get out there and grow, that has given us 4, 5, 6/% growth rates coming out of recessions in the past. this time around we've used more government spending and it hasn't worked. megyn: it's an interesting shift we're seeing. dick durbin said look at the disparity between what a navy seal earns and a hedge fu
, and, you know, that will help revive the economy and reduce the deficit and so on. that is something on which democrats and republicans agree. the question is, how do you do that? >> well the difference here is the left thinks that more government spending, so-called investments in infrastructure and e and and ed indication will stimulate the economy and give us growth. it has not worked in the past. republican -ts think you stimulate private enterprise, you create more confidence in...
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for the holiday season it could be a devastating blow to the economy as well. heather: something else i found interesting when i was looking through the stats, a married couple making between 20 to 30,000 a year will go from receiving on average a $15 tax credit to owing over $1,400. so there is the marital tax credit as well. >> yes, we have marriage penalty will kickback in again and numerous other things will happen. child tax credit will be decreased. that's why i think we should extend all of these, give us a year for fundamental tax reform in washington, but right now the administration is focused on the 2% that he would like to pay higher taxes and frankly we need more jobs we don't need higher taxes in this country. heather: seeking of jobs extended federal jobless benefits those will end next year for up to 5 million americans and that could lead to losses. it's not just the tax increases that families are facing? most of the impact will be the $400 billion in tax increases, this would be the single largest tax increase in american history. then you ha
for the holiday season it could be a devastating blow to the economy as well. heather: something else i found interesting when i was looking through the stats, a married couple making between 20 to 30,000 a year will go from receiving on average a $15 tax credit to owing over $1,400. so there is the marital tax credit as well. >> yes, we have marriage penalty will kickback in again and numerous other things will happen. child tax credit will be decreased. that's why i think we should...
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still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers expect more jobs in the next six months and that would be a cause for much optimism. >> shepard: yes, it would. the fears about europe's debt crisis clearly eased a bit 'cause there is another deal to provide aid to greece. >> more money for greece, $57 billion. it took three weeks to come to this conclusion for european and global leaders to say hey, we'll give you the money. it will come in four installments and if they didn't get this, they would be in bankruptcy. as you know, that would be bad for the entire e.u. that country, greece, has an unemployment rate of 25%. 25. >> shepard: big number. >> it's a very big number. >> shepard: thank you. >> thank you. >> shepard: we knew this year's cyber monday would likely set a record, but now we know by just how much. we know how much money people dropped on-line. according to the es
still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers expect more jobs in the next six months and that would be a cause for much optimism. >> shepard: yes, it would. the fears about europe's debt crisis clearly eased a bit 'cause there is another deal to provide aid to greece. >> more...
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >> welcome back. time for your news by the numbers. the thanksgiving edition. first, 254 million. that's how many turkeys were raised this year across the u.s. 46 million alone coming from minnesota. the top turkey producing state in the country, i'll have you know. next, 100 million. that's how many pounds of pumpkins are produced each year in the states of california, ohio and pennsylvania. finally, number one, tim tebow. the dream thanksgiving dinner guest for most americans. other favorites, big bird and lady gaga. ♪ >> big bird would be offended looking across at his friends. now to this, for many of us, the macy's thanksgiving day parade brings back memories of the movie "miracle on 34th street," to make you feel like you're a kid again with christmas just around the corner. peter johnson, jr. is live at the parade with who he's thanking this year. good morning, peter. >> i always thank you, clayton. i've been coming to thi
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >> welcome back. time for your news by the numbers. the thanksgiving edition. first, 254 million. that's how many turkeys were raised this year across the u.s. 46 million alone coming from minnesota. the top turkey producing state in the country, i'll have you know. next, 100 million. that's how many pounds of pumpkins are produced each year in the states of california,...
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in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the benefits are not overly generous on this thing but the key thing to keep in mind is, yes, you don't want these things to go on forever because people will then hold out for that job that may not be out there. so have a definite cuttoff date. people know they may have to take something they don't like at the beginning but that all focuses on we have to focus on getting this economy back on its feet. that is something that seems to beyond the capability of washington right now. bill: if you would argue for extending unemployment benefits, in all likelihood a guy like steve forbes will argue to get spending cuts to offset that increase? but there has not been a desire shown by washington, you know, to cut the spending to make the books matc
in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the benefits are not overly generous on this thing but the key thing to keep in mind is, yes, you don't want these things to go on forever because people will then...
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the american economy is on the line. and this is a moment for adult leadership. campaigns that have leaks in the press are not a way to get things done in washington. >>reporter: other top republicans express frustration saying they had seven weeks to work it out they feel like fiscal cliff are now gone. >>shepard: are we supposed to believe all the sources who tell us that there is real progress behind-the-scenes or not? >>reporter: depends who you listen to. the republican leader in the united states senate, mcconnell said geithner's visit was a step backward. sources say he was talking about raising taxes $1.6 trillion and they say that is not reality. that is not going to pass the senate or the house >>shepard: the syrian government that is killing its people by the tens of thousands has shut down the internet across the country according to two u.s. based internet monitoring companies. activists confirm the blackout to the associated press and the syrian government claims we didn't do it, no, the terrorists shut down the intent. fighting an the main syrian a
the american economy is on the line. and this is a moment for adult leadership. campaigns that have leaks in the press are not a way to get things done in washington. >>reporter: other top republicans express frustration saying they had seven weeks to work it out they feel like fiscal cliff are now gone. >>shepard: are we supposed to believe all the sources who tell us that there is real progress behind-the-scenes or not? >>reporter: depends who you listen to. the republican...
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you are right to a certain extent but it is a good gamble $for $500 million but officials say as the economy goes south often lottery sales go north. if you have a little bit you have big dreams and weirdly a factor that hurts sales is gas prices. you pay $80 at the pump you are less likely to throw down $2 for a ticket but right now she says sales are strong. >> the lines are so long we are selling in new york, $500,000 per hour and that is now the day before, imagine tomorrow, we will probably be going $1 million in sales an hour. >>trace: it is in 42 states and washington, dc and the virgin islands. >>shepard: we love you. if a knocker wins we want her on the program. >>trace: absolutely. done. >>shepard: you all watch it, don't you? a message from the teenage star of "2 1/2 men." why he is telling people to stop watching the show that made him a millionaire child. maybe because he's a child. wo. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's
you are right to a certain extent but it is a good gamble $for $500 million but officials say as the economy goes south often lottery sales go north. if you have a little bit you have big dreams and weirdly a factor that hurts sales is gas prices. you pay $80 at the pump you are less likely to throw down $2 for a ticket but right now she says sales are strong. >> the lines are so long we are selling in new york, $500,000 per hour and that is now the day before, imagine tomorrow, we will...
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boy that hurts their economy. commissioner gary bettman said wednesday the lockout is costing the league between 18 and $20 million per day. the players union and league remain far apart on a potential deal. that is not helping on this small business saturday. for the fourth straight year, underarmor decking out two college teams in patriotic jerseys all part of their underarmor campaign supporting the wounded warrior project. clayton has a jersey. this is worn by the university of hawaii today. they are taking on unlv. it's been a tough year for hawaii. now they are going to really do something good. helping underarmor. the jerseys will be auctioned off. clayton showed you the jersey says freedom instead of the names of the players. front says hawaii. all proceeds go to the wounded warrior project. we will tweet out a link where you can help out and buy some of these items. here are the shoes. check these babies out. >> wow. >> super hero. >> or professional wrestler. >> professional wrestler, that does look nice
boy that hurts their economy. commissioner gary bettman said wednesday the lockout is costing the league between 18 and $20 million per day. the players union and league remain far apart on a potential deal. that is not helping on this small business saturday. for the fourth straight year, underarmor decking out two college teams in patriotic jerseys all part of their underarmor campaign supporting the wounded warrior project. clayton has a jersey. this is worn by the university of hawaii...
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Nov 26, 2012
11/12
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FOXNEWSW
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the argument is the families will spend less and it will hurt the economy. >> you can see it across housing, and services, and things like paying for cell phone, groceries, durable goods, auto purchases. evidence like this is a reason why retailers are so concerned that congress has not yet extended the middle-class tax cuts. >>reporter: and carney noted the president spoke with harry reid and speaker boehner over the weekend. everyone is anticipating another high profile white house meet this week on the fiscal cliff sources in congress say there is you not one on the schedule so far. >>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering.
the argument is the families will spend less and it will hurt the economy. >> you can see it across housing, and services, and things like paying for cell phone, groceries, durable goods, auto purchases. evidence like this is a reason why retailers are so concerned that congress has not yet extended the middle-class tax cuts. >>reporter: and carney noted the president spoke with harry reid and speaker boehner over the weekend. everyone is anticipating another high profile white...
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Nov 26, 2012
11/12
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we are trying to help the economy. unless i can be convinced that raising tax rates will be beneficial then i believe there are reasons and grounds for my position. >> a handful of republicans have signaled a willingness to break their bridge to raise revenues. they include a senator from georgia. as you've said senator lindsey graham from south carolina, representative peter king of new york. king spoke out on "meet the press" yesterday about his change of heart. >> if i were in congress in 1941 i would have signed the declaration of war against japan, i'm not going to attack japan today. the world is changed and the economic situation is different. ronald reagan and tip o'neal realized that in the 1980s. i think everything should be on the table. i'm "posed to tax increases. the speaker, the majority leader and president will be in a room trying to find the best package. i'm not going to prejudge it. >> reporter: king added that we should be taking iron-clad positions in these negotiatings. martha: and all of these p
we are trying to help the economy. unless i can be convinced that raising tax rates will be beneficial then i believe there are reasons and grounds for my position. >> a handful of republicans have signaled a willingness to break their bridge to raise revenues. they include a senator from georgia. as you've said senator lindsey graham from south carolina, representative peter king of new york. king spoke out on "meet the press" yesterday about his change of heart. >> if i...